Common use of Amortization and Maturity Date Clause in Contracts

Amortization and Maturity Date. The Borrower shall repay the principal amount of outstanding Term Loans on the dates and in the amounts set forth in Schedule 2.02. For the avoidance of doubt, the Borrower agrees to pay to the Lenders, on the Maturity Date, the Outstanding Amount of the Term Loans, the Applicable Premium (if any is then due and payable as of such date of determination) owing with respect thereto, and all other Obligations.

Appears in 2 contracts

Sources: Loan Agreement (Galaxy Gaming, Inc.), Loan Agreement (Galaxy Gaming, Inc.)